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AUTOMOTIVE INDUSTRY IN CHINA

9 mars 2007

Chrysler CEO Confident Of Recovery ... But Leaving Options Open

GENEVA (AP) - DaimlerChrysler AG Chief Executive Dieter Zetsche said Tuesday he is confident the plan to re-energize Chrysler will work, but reiterated that all options were still open for the unprofitable U.S. division. ''I'm sure we will see a rebound...
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9 mars 2007

SPX Sells Automotive Components Business For $146 Million

SPX Corp. said Wednesday it will sell its Contech unit to Marathon Automotive Group for $146 million in cash. Contech offers highly engineered, geometrically complex, light-weight cast component solutions for the automotive and light truck markets, and...
9 mars 2007

Mexico's Auto Production Down For Third Straight Month

MEXICO CITY (AP) - Mexico's auto sector posted its third-straight monthly drop in production during February after poor weather in the U.S. lowered consumer demand, according to a Thursday report. Production fell 9.8 percent compared with the same period...
8 mars 2007

Dodge's mini car to be Chery A1?

Dodge's mini car to be Chery A1?
China Car Times says that Chinese Web site Autohome is reporting Dodge will re-badge Chery's A1 mini car for sale around the world. According to China Car Times, the A1 is a QQ3 renamed for export. The new name is supposedly intended to avoid any further...
8 mars 2007

Profits are up, but is there still cause to worry about VW?

Profits are up, but is there still cause to worry about VW?
We've been all over the Geneva Motor Show the past couple of days and there's an awful lot to report in terms of new concepts and product unveilings. Europe's biggest fish of all, Volkswagen, hasn't had a grand-slam show, but they've unveiled the new...
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7 mars 2007

Aluminum price forecasts boosted

By Tom Stundza Primary aluminum prices are remaining stubbornly higher than many had forecast. Earlier this week, Midwest aluminum prices were about $1.32/lb, which reflects a 42¢/lb premium to London Metal Exchange (LME) prices. World prices averaged...
7 mars 2007

Are aluminum prices poised to slip?

By Tom Stundza In aluminum’s Midwest spot market, prices averaged $1.24/lb in the fourth quarter, an increase from the $1.20 average price in the third quarter. And just now, primary ingot costs $1.25. However, the price of alumina— the raw material used...
7 mars 2007

CEOs talk more like CPOs on costs, contracts

The concerns of procurement executives are slowly hitting the C-suite. CEOs at major companies are watching commodity costs and even contracting practices more closely than ever. The CEO of Pepsi Bottling Group said raw materials costs in 2007 are expected...
7 mars 2007

SPX Sells Automotive Components Business For $146 Million

SPX Corp. said Wednesday it will sell its Contech unit to Marathon Automotive Group for $146 million in cash. Contech offers highly engineered, geometrically complex, light-weight cast component solutions for the automotive and light truck markets, and...
6 mars 2007

CVT, A New Favorite on Automotive Market

CVT, A New Favorite on Automotive Market
source: China AutoMotive News "Continuously Variable Transmission (CVThttp://english.cnautonews.com/) is the ideal vehicle transmission device and is the development direction of automobile transmissions. There will be no problems in widely promoting...
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